METALS POISED TO BREAK HIGHER

Precious metals are trading near unchanged in early trading, as analysts and traders are looking for some direction or clues from the dollar, the Fed, or other factors that might influence trading. For now, the metals are hanging in at the $950 resistance level, looking for some reason to push gold significantly above that level. Yesterday, Merrill Lynch expressed the view that the corrective process has concluded and that we have seen the lows for gold. They now look for a significant rally to carry gold up to the $1,000 level by early Fall, which they have indicated may be as early as October.

While gold trading is subdued, the metal is still trading above its 50-day and 200-day moving averages. Analysts are indicating that traders maybe watching the Bernanke testimony. His testimony yesterday caused gold to come off a little from its highs and pushed bonds higher. The dollar also firmed through the day. However, the technicals support gold at these levels. Looking at the trend lines and the momentum indicators, it would appear that gold should push higher.

This morning, the dollar is up 14 basis points at 78.95, and oil is down $.90 at $64.71 a barrel. Both of these have exerted some pressure on the gold market, nevertheless it trades at about unchanged. That would indicate further strength in the gold market to overcome those negative factors. Silver is also steady, looking slightly higher in early trading.

Many analysts view the markets at these levels as excellent buying opportunities. They believe gold will rally to $1,100 or perhaps even to $1,200 over the next six to twelve months. Therefore, the opportunity is excellent on the upside, while the downside risks seem to be well contained.

Call Goldline today at 1-877-341-2646 for assistance in getting started with gold or adding to your holdings while gold remains at these low levels. Think also of silver, as it also looks like an excellent buying opportunity at these levels. To understand some of the many reasons why gold and silver are both outstanding opportunities, ask Goldline for the free information package, where you will find quotes and articles that express the views of major banks, brokers, financial analysts and economists, all of whom look for gold to make a significant move to the upside. It is going to be virtually impossible to avoid inflation. You will receive articles that describe the need for the government to continue to maintain a loose monetary policy and to continue to inflate the money supply, which ultimately will result in rising prices. Simply look at the source of the money to meet all of the enormous deficits that we are incurring as a nation. You will see that China only has $2 trillion of reserves and Japan about $1.4 trillion. Even if both countries were to lend their entire reserves to the U.S., it would still not meet the borrowing needs of our country. Therefore, the only way for the country to continue to operate is to print money at a reckless rate. Throughout all history, this has resulted in collapsing currencies. That is why so many are worried about the potential for hyperinflation and are accumulating gold and silver as inflation hedge assets.

Have a close look at the photocopies of the new Eurodollar coins that were given to the members of the G8 heads of state. These coins are an indicator that perhaps the world will be moving to a new global reserve currency and it may take the form of the coins and currency that were given to the G8 heads of state. You should also read the articles that discuss the demands for a new global reserve currency and opinions concerning formal devaluation of the U.S. dollar. All of this information will be helpful in assisting you in making macro-investment decisions. Call Goldline at 1-877-341-2646 to receive your free information package.

Investors should ask Goldline to explain the features, benefits and cost structure of the various gold and silver investments that are available to you. Select those that best meet your own personal and individual investing needs and objectives. Investors looking for low transaction costs may wish to consider bullion assets such as American Eagles, Swiss 20 Francs, Krugerrands, Canadian Maple Leafs, Silver Bags or Silver Bars. However, the Price Guarantee Program is not available with these assets.

If you would like to take advantage of the Price Guarantee Program, which provides you with a two-week window of opportunity in which to re-price your order in the event of a correction, you must select assets with some collectible value such as 20 Francs, Double Eagles and Silver Dollars. Call Goldline at 1-877-341-2646 for further information on the Price Guarantee Program.

To receive the free information package including articles on the dollar, the economy and gold, call Goldline at 1-877-341-2646. Goldline also provides several other helpful articles. There are a number of other independent third-party source articles that you will find extremely helpful and informative. You will also receive the Client Account Agreement, a company brochure and a Coin Facts Risk Disclosure Booklet. Read these carefully before you make an investment. Call Goldline at 1-877-341-2646 now to receive your free information package.